Simplifying the Process: Farm Service Agency releases new direct loan application
The Farm Service Agency now has an easier way to apply for direct loans by releasing a new, streamlined application.
It’s gone from 29 to 13 pages and is now available as an electronic fillable form or as a traditional paper application.
FSA Administrator Zach Ducheneaux says improving this process is a top priority and there are more updates expected this year including:
- An interactive online direct loan application that gives customers a paperless and electronic signature option. It will also give producers the ability to attach supporting documents.
- An online direct loan repayment feature that allows borrowers to skip calling, mailing, or visiting a local service center to pay.